| USLV latest price $62.0500 (-2.48%) ($61.8230 - $67.4300) on Tue. May. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.7% (three month average) |
RSI | 80 |
Latest Price | $62.0500(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | USLV advances 0.5% a day on average for past five trading days. |
Weekly Trend | USLV advances 21.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USLV advance at 0% a week (0% probability) SIL(82%) GDXJ(79%) SKYY(77%) GDX(69%) LQD(86%) |
Factors Impacting USLV price | USLV will decline at least -4.85% in a week (0% probabilities). UUP(-45%) VIXM(-37%) VXX(-27%) EWP(-0%) XOP(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.85% (StdDev 9.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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